Looks like the bottom is close at hand:

"A great development for Gold bugs is that the HUI's Daily Full Stochastics have generated a new buy signal, and at a level where significant rallies have started in the past. See the chart at the bottom of page 13. Once we get a new buy signal in our PPI, and get a buy in the Weekly Full Stochastics, that would make an excellent time to add to long-term positions. Even at today's levels, Gold is still up 4 percent over a year ago. Not much else in the markets can boast that performance."

SilverNut